Top 10 Cloud Technology Market

Cisco Systems, Inc. (Cisco) and VMware, Inc. (VMware) are the leading players in the Top 10 Cloud Technology Market

Cloud technologies comprise all the hosted services, offered as on-demand over the internet. The top 10 cloud technologies report studies the major cloud technologies such as hybrid cloud, cloud storage, cloud migration, cloud orchestration, Integration Platform-as-a-Service (iPaaS), Disaster Recovery-as-a-Service (DRaaS), multi cloud management, Video-as-a- Service (VaaS), cloud analytics, and Wi-Fi-as-a-Service

IBM Corporation is a leading cloud technology provider across the full stack of cloud computing. The company offers cloud services through public, private, and hybrid cloud delivery models. For instance, the IBM Bluemix Platform as a Service permits developers to create complex websites by using the pay-as-you-go model. IBM has adopted various organic strategies to strengthen its position in the global cloud technology market. For instance, it launched IBM Cloud AMM -migration service, a cloud and on-premises workload image migration service. It also invested a substantial amount of its annual revenue in Research and Development (R&D) activities. As part of its organic strategy, the company increased its R&D investment from 5.86% in 2014 to 6.42% in 2015. However, IBM’s long-term strategy is focused on inorganic growth strategy, such as mergers & acquisitions and partnerships & agreements, to further capitalize its market share in every business segment it operates. Recently, IBM partnered with CSC, VMware, and Tractor Supply Company, which implies that the company would be adopting the inorganic growth approach to strengthen its market leading position in cloud computing and target all upcoming and developing economies to bring cloud-based transformation in those regions.

Cisco Systems, Inc. (Cisco) is engaged in the development of hardware, software, networking, and system communication’s technology-based products and services. It is an established manufacturer and seller of Internet Protocol (IP)-based networking equipment and services related to the IT and telecommunication industry. The company provides its products and services for enterprise businesses, public institutions, telecommunications companies, commercial businesses, and personal residences across the globe. It has presence in more than 72 countries and offers cloud solutions that include cloud analytics, cloud security, development platform, management & orchestration, automated infrastructure, and cloud analytics. Recently, Cisco incorporated inorganic growth strategies such as mergers, acquisitions, partnerships, and agreements, to expand its market reach and market share. For instance, Cisco acquired CliQr Technologies, Inc., a company that provides hybrid cloud management platform to offer cloud modeling, cloud migration, and managing of applications on any private or public cloud. With this acquisition, Cisco brought CliQr’s application-defined cloud platform that allows the developers and users to deploy and manage cloud-based applications. The company also formed a strategic alliance with RiverMeadow Software to provide cloud migration SaaS tools in reducing competition, risk, and threats. In terms of organic growth strategy, Cisco has been investing more than 12% of its revenue in R&D since the past 3 years. In 2014, the company invested 13.4% of its annual revenue in R&D, whereas in 2015 it invested 12.6%. This clearly indicates that the company is focused on improving its current offerings in order to firmly hold its position in the highly competitive market.

VMware, Inc. (VMware) is a virtualization and cloud infrastructure company that focuses on customer-centric solutions to accelerate the IT performance of enterprises. In 2004, the company was acquired by EMC and still remains as a subsidiary of EMC, but operates as an independent software provider. The company offers flexible, easy-to-install, and agile products & services. It enables enterprises to install different cloud models for improving day-to-day business operations. The company’s core product includes data center & cloud infrastructure, networking & security, storage & availability, hyper-converged infrastructure, cloud management platform, personal desktop, digital workspace, desktop & application virtualization, enterprise mobility management, and others. Furthermore, VMware also offers solutions including technologies and business solutions. Organically, the company is investing a substantial amount of its annual revenue in R&D activities. In 2015, it invested around USD 1,074 Million in the development of new products and services to expand its business and gain competitive edge. VMware is also focused on improving its product portfolio with recent launches and upgradation. For instance, it announced the availability of VMware Site Recovery Manager, which uses network virtualization to simplify disaster recovery management and accelerate recovery in the software-defined data center. The integrated and industry specific solutions of VMware address many complex business processes.

Related Reports:

Top 10 Cloud Technology Market (Hybrid Cloud, Cloud Storage, Cloud Migration, Cloud Orchestration, Integration Platform As-A-Service, Disaster Recovery As-A-Service, Multi Cloud Management, Video-As-A Service, Cloud Analytics, and Wi-Fi-As-A-Service)

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Top 10 Cloud Technology Market Size,  Share & Growth Report
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